Saga Communications, Inc. Closes on Sale of 22 Tower Sites
Saga Communications, Inc. - Class A (SGA)
NASDAQ:AMEX Investor Relations:
ir.sagacom.com
Company Research
Source: GlobeNewswire
GROSSE POINTE FARMS, Mich., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company,” “Saga,” “we” or “our”) announced today the sale of 22 tower sites to GTC Uno, LLC for approximately $10.7 million in a transaction that will continue to allow the Company to use the towers with no cash lease payment. The sale closed on October 17, 2025 and was effective October 1, 2025. Chris Forgy, President and CEO stated “Saga previously announced its plans to optimize our portfolio of assets, and this is a significant step in doing so. We are committed to evaluating every asset we own while still efficiently and effectively operating our businesses.” As previously stated, the Company intends to use a portion of the proceeds from the sale to fund stock buybacks, which may include open market repurchases, public and private block trades or other forms of buybacks. The implementation of any stock buyback program remains at the full discretion of the Board and wil
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News
- Saga Communications, Inc. Announces Investor Conference PresentationGlobeNewswire
- Saga Communications (NASDAQ:SGA) Is Paying Out A Dividend Of $0.25 [Yahoo! Finance]Yahoo! Finance
- Saga Communications Inc (SGA) Q3 2025 Earnings Call Highlights: Digital Transformation Drives ... [Yahoo! Finance]Yahoo! Finance
- Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per ShareGlobeNewswire
- Saga Communications (NASDAQ:SGA) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
SGA
Earnings
- 11/6/25 - Miss
SGA
Sec Filings
- 11/13/25 - Form 8-K
- 11/10/25 - Form 4
- 11/10/25 - Form 4
- SGA's page on the SEC website